Indonesian shrimp exporter part-owned by president’s son posts $12m loss
PT Panca Mitra Multiperdana, or PMMP, saw a staggering 40% drop in sales in H1 as a result of sharply diminished sales to the US
Week 39 shrimp price roundup: Vietnam prices dip but supply tight, China also down
Farm-gate shrimp prices in Vietnam showed a slight dip after recent surges though sources in the country say supplies remain short, according to the latest global round-up by Undercurrent News
Lenk scales up Bangladesh ASC black tiger project, launches peeled line
Lenk Frozen Foods is adding another 280 farmers to its cluster improver program this year as it looks to build a retail market for certified black tiger shrimp in Germany
Vietnam trader plans VAP shrimp plant for when financial landscape improves
The business has acquired land near Ho Chi Minh City and intends to start construction when the country's interest and exchange rate situation improves
Vietnam seafood exports recover, but challenges loom for tuna, squid
Vietnam's seafood exports showed a steady recovery in the first eight months of 2024, driven by increased demand and rising prices
Week 38 shrimp price roundup: Multi-year September high in Thailand, China also up
Farm-gate shrimp prices in Thailand have risen to the highest level for the time of year since 2017, according to the latest round-up of global prices by Undercurrent News
Captain Fresh’s CenSea brings in first-ever culinary director
CenSea, a $350m-plus turnover US shrimp importer acquired by India's Captain Fresh earlier this year, has brought in Peter Schonman as national culinary director
GSF forecasts rise in Ecuador, Indian shrimp exports despite soft markets
Ecuador and India's growing production would come in the face of sustained low farm-gate prices, although most origins have been firming in recent weeks
Week 37 shrimp prices start higher in Ecuador, firm in Vietnam, Thailand
The increase in Ecuador is the first since May, while prices continue to rise in Thailand and remain firm in Vietnam, according to the latest global round-up by Undercurrent News
Aussies urged to buy local as global export prices for tiger shrimp decline
The Australian seafood industry is encouraging locals to consume more wild-caught tiger shrimp as international export prices decline, pushing fishermen to shift their focus to domestic markets